MGM CEO Positive on Las Vegas Tourism
The chief executive of MGM Resorts addressed skepticism over the future of Las Vegas tourism this week, pushing back against criticism and offering a more optimistic view of the city’s prospects. Their CEO, Bill Hornbuckle, spoke before Nevada gaming regulators as part of MGM’s licensing review, calling negative narratives about Las Vegas tourism “silly.” He argued that long-term trends point to steady gains, and that recent soft spots are part of a normal cycle. According to Hornbuckle, Las Vegas gaming revenue has grown on average 4.5 to 5 percent per year over the past 30 years. He said that claims... The post MGM CEO Positive on Las Vegas Tourism appeared first on This Week in Gambling.
The chief executive of MGM Resorts addressed skepticism over the future of Las Vegas tourism this week, pushing back against criticism and offering a more optimistic view of the city’s prospects. Their CEO, Bill Hornbuckle, spoke before Nevada gaming regulators as part of MGM’s licensing review, calling negative narratives about Las Vegas tourism “silly.” He argued that long-term trends point to steady gains, and that recent soft spots are part of a normal cycle. According to Hornbuckle, Las Vegas gaming revenue has grown on average 4.5 to 5 percent per year over the past 30 years. He said that claims...
The post MGM CEO Positive on Las Vegas Tourism appeared first on This Week in Gambling.
